£529,952
This estimated value is based upon the latest sale price for the house of £440,000 on 16 Mar 2020. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £440,000 | 16 Mar 2020 |
| Terraced |
| Freehold |
| Floor Area: 93 sq meters or 1,001 sq feet |
This model uses changes in the Official Land Registry House Price Index for BRIGHTON AND HOVE to estimate the market value.
When this house was purchased in March 2020 the House Price Index for BRIGHTON AND HOVE was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £440,000 results in an estimated price of approximately £529,952.
| 16 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.6 | 20.444 % | £440,000 | £89,952 | £529,952 |
The Postcode Pricing Model uses changes in average sales price within the BN2 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | -6.873 % | £-30,242 | £409,757 |
| 3 Month Average | 2.072 % | £9,116 | £449,116 |
| 6 Month Average | 16.667 % | £73,333 | £513,333 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £568,955 | £559,000 | 21 BAXTER STREET |
| 31 Aug 2023 | £406,557 | £403,000 | 7 CROMWELL STREET |
| 13 Jul 2023 | £532,162 | £525,000 | 358 QUEENS PARK ROAD |
| 5 Jul 2023 | £253,411 | £250,000 | GROUND FLOOR FLAT 173 ELM GROVE |
| 21 Oct 2022 | £238,433 | £241,000 | LOWER GROUND FLOOR FLAT 297 QUEENS PARK ROAD |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 8 Sep 2016. Using an estimated price of £529,952 means this house is valued at £5,698 per sq meter (£529 per sq foot).
The average size of a house on CROMWELL STREET is 88 sq meters (954 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cromwell Street |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Cromwell Street |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Cromwell Street |
| Mar 2024 | Other theft | Under investigation | On or near Baxter Street |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Baxter Street |